All IAG articles
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News
BA flight cancellations won't impact air cargo, says IAG Cargo
IAG Cargo, the cargo division of British Airways' (BA) parent company International Airlines Group (IAG), has said BA's recent decision to cancel more than 10,000 flights out of the UK will not impact its air cargo shipments.BA's decision on July 6 that it would cut 10,300 short-haul flights between August ...
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NewsIAG Cargo reports increased automotive demand
IAG Cargo has reported an increase in automotive traffic since the start of the year, predominantly with its airfreight charter service that was launched last year at the start of the pandemic.The carrier said it that this year it has already transported 8,000 tonnes of automotive parts, which suggests "a ...
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NewsIAG Cargo highlights continued pharma efforts in Madrid
IAG Cargo has marked the two-year anniversary of its pharma hub in Madrid.The GDP-certified Madrid Centre has stored and distributed more than 20,000 consignments of pharma cargo using IAG Cargo's Constant Climate service since its opening in 2019.Additionally, it has recently been involved with the rollout of Covid-19 vaccines — ...
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IAG Cargo relaunches Barcelona–New York service
IAG Cargo will offer capacity on services to and from Barcelona and New York City, as passenger operations gradually pick up following disruption caused by the coronavirus outbreak.Cargo will be carried in the bellyhold of passenger flights operated by LEVEL — a long-haul, low-cost airline in the IAG Group — ...
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Bellyhold operations at risk as airlines look to government aid
Aviation associations have urged governments to financially assist airlines on the brink of bankruptcy as they report significant losses due to the coronavirus pandemic.Throughout the outbreak, supply chains have been maintained largely thanks to airlines' cargo divisions. In particular, essential cargo such as food and medical supplies has been continuously ...
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IAG offers PAX aircraft for cargo charter
IAG is offering its passenger aircraft to freight forwarders for cargo operations in response to the coronavirus.In a short note to customers, IAG Cargo chief commercial officer John Cheetham said: "To support your freight and to help get it where it needs to be, we are now opening up the ...
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IAG looks at recruiting passenger jets to serve critical freight lines
IAG is considering recruiting some of its passenger aircraft for airfreight operations, to ensure that essential cargo supplies are maintained as the coronavirus crisis persists.Chief executive Willie Walsh, speaking during a March 16 briefing, said that governments “need to appreciate” that there is a strong cargo demand, and passenger aircraft ...
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IAG Cargo: Decline in revenues reflects market conditions
IAG Cargo has reported a 7.2% year-on-year decrease in revenues in its full-year results for 2019.From January 1 to December 31 last year, the carrier listed revenues of €1,117 m.IAG Cargo also reported a 2.4% decrease in volumes and a 1% increase in capacity. Meanwhile, the company's yield last year ...
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Qatar Airways lifts IAG stake to 25%
Qatar Airways has increased its shareholding in British Airways and Iberia parent IAG from 21.4% to 25.1%.The Doha-based carrier initially took a stake in IAG at the start of 2015, before increasing it to just over a 20% in 2016.“Our investment to date has been highly successful and the announced ...
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News
A tough end to the year for cargo at Europe's major airlines
The end of year traffic figures from European airlines sum up what a tough year 2019 was for the air cargo business.Figures just released by Lufthansa show that cargo carried by its various airline businesses in 2019 was down by 2.1% year on year to 10.7bn revenue cargo tonne kms ...
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IAG chief executive Willie Walsh to retire
International Airlines Group (IAG), the parent company of IAG Cargo, has announced the upcoming retirement of its chief executive Willie Walsh.Walsh will stand down from his role and from the IAG board on March 26 and will be succeeded by Luis Gallego, who is currently chief executive of Iberia.IAG, which ...
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News
IAG acquires Air Europa in bid to transform Madrid
IAG has agreed to acquire another Spanish operator, Air Europa, for a cash transaction of €1 billion ($1.1 billion).IAG says the agreement – placing the carrier under Iberia – will transform its Madrid hub into a "true rival" to other major European bases such as Paris, London and Frankfurt.From Madrid, ...
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NewsIAG commits to net zero emissions by 2050
Turning household waste into jet fuel and exploring new carbon capture technology are two of the main initiatives being adopted by IAG as it attempts to achieve net zero carbon emissions by 2050.IAG, which includes British Airways, Iberia and Aer Lingus, says it is the first airline group to commit ...
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NewsReform of slot allocation rules vital for Virgin’s Heathrow expansion plans
Virgin Atlantic has called on the government to reform the way slots are allocated at London Heathrow airport as it unveils ambitious plans to add up to 84 new destinations once the third runway is completed.Dominic Kennedy, managing director, cargo at Virgin Atlantic, said: “Our volumes grew 6% in 2018 ...